Garth Mackenzie kicks off the new year with R250 000 in fresh start-up capital.
The aim? To show trading as it really is, give the best advice on how to manage your own trading techniques, and of course to make as much money as we can for our year-end charity donation.
With the decision to split the Traders Corner charity portfolio between local and offshore markets, founder Garth Mackenzie makes his first move overseas with a position in Royal Bank of Scotland. Using the same trading principles that have guided the show since inception, Garth will outline why he's going long the UK bank.
It's a brand new start and going into the eighth year for Traders Corner, Garth Mackenzie is changing the format for this year's kitty. R100 000 in the local account and £10 000 into an offshore account and a year ahead to make as much money as possible for charity.
In the final episode for 2016, Garth Mackenzie: founder and editor of Traders Corner takes us through the year's trades and profits. Traders Corner gave the profits of R64000,00 towards funding for a bursary scheme started by Monaghan Montessori school.
This week on Traders Corner, founder Garth Mackenzie wraps up all his open trades in the penultimate show of the year, and details how the portfolio is set to benefit as traders count down to futures closeout. Traders Corner will also be revealing this year's charity of choice.
This week on Traders Corner, founder Garth Mackenzie explains why he's been enticed into Exxaro with one week to go before the charity giveaway. He'll also review a recent long position in Kumba Iron Ore, and shows how the portfolio stands to benefit with Futures close-out just one week away.
This week on Traders Corner, founder Garth Mackenzie discusses Sasol and Clicks as potential trades, shows why he's holding on to Kumba, and discusses why a crush of leveraged positions in the market could spark a sell-off in the run up to December's futures closeout.